Tracking the Tri (cont’d)
https://pbs.twimg.com/media/GJOcVt8aEAAomRJ?format=jpg&name=large
I’m eyeing a Sell in May event a few weeks out.
But I have this push out of the triangle nearly complete.
But it will only form a larger wave 1 ED (ending diagonal = contracting wedge) into that May top.
Wave 2ED’s tend to be deep retracements back toward start of 1 ED.
The signature detail in an ED is that 4 ED down the road tends to overlap the top of 1 ED (still unknown)